Jpmorgan Active Growth ETF
The fund will invest primarily in equity securities of U.S. large-capitalization companies, but the adviser has discretion to invest in securities across the whole market capitalization spectrum, including securities of mid-capitalization and small-capitalization companies. In implementing its main strategies, the fund invests primarily in common stocks. To the extent the fund uses derivatives, the fund will primarily use futures contracts to more effectively gain targeted equity exposure from its cash positions. It is non-diversified.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 3Y SHOWN · NET +$7.4B OVER THIS RANGE
Money keeps arriving — +$258M of net buying over the past month, about 2.6% of the fund's asset base, while the price has returned +1.6% so far this year. At 0.44% a year it is not the cheapest way in — ESMV runs the same ground at 0.18%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | -2.9% |
| 1 month | +2.4% |
| 3 months | -3.1% |
| 6 months | +6.2% |
| YTD | +1.6% |
| 1 year | +5.8% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | +$10M |
| 1 month | +$258M |
| 3 months | +$287M |
| YTD | +$1.2B |
| 1 year | +$2.4B |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat JGRO on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| IUSG iShares Core S&P U.S. Growth ETF | 0.04% | $33.8B | +$668M | -40bp on fee · 3× the assets · +$668M in over the month | Head-to-head |
| IUSV iShares Core S&P U.S. Value ETF | 0.04% | $28.1B | +$103M | -40bp on fee · 3× the assets · +$103M in over the month | Head-to-head |
| ILCG iShares Morningstar Growth ETF | 0.04% | $3.3B | +$7M | -40bp on fee · +$7M in over the month | Head-to-head |
| VUG Vanguard Growth Index Fund | 0.04% | $135.5B | — | -40bp on fee · 14× the assets | Head-to-head |
| VTV Vanguard Value Index Fund | 0.04% | $125.5B | — | -40bp on fee · 13× the assets | Head-to-head |